Capital calls, done cleanly
Timing, notices, wire security and reconciliation — the practices that keep LPs happy and money safe.
What are best practices for capital calls?
Give the notice period the LPA requires (often ten business days) and some slack; calculate pro-rata amounts from the ledger; deliver notices through a secure portal with acknowledgement; verify wire instructions out-of-band; reconcile receipts against expected amounts; and follow up on shortfalls quickly and in writing.
Plan the cadence
Fewer, predictable calls are easier for LPs than frequent small ones. A subscription line can smooth timing; disclose its use.
Protect the wire
Business email compromise targets capital calls. Never change wire instructions by email; publish them in the portal; confirm any change by phone to a known number.
Track acknowledgement and receipt
Know who has opened the notice, who has acknowledged it and who has paid — per investor, in real time.
Reconcile and follow up
Match receipts to expected amounts; flag shortfalls and overpayments; follow the LPA's default process if needed.
Questions
How much notice do LPs get?
Commonly ten business days; check your LPA.
Can FUN/D send calls through the app?
Notices are visible in the portal and mobile app with the same permissions.
Want to see this on your own fund?
Name and work email. A person replies within one business day, usually with times for a demo on a structure like yours.
Talk to us
Name and work email. We reply within one business day, from a person.
Sent.
Someone from FUN/D will email you within one business day. If it's urgent, call +1-212-658-0862.